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Uber Merger With Russian Rival Yandex On The Horizon: Another Loss For The Ride-Hailing Service After Exiting China

How the iPhone has evolved over the last 10 years Uber has agreed to a merger of its ride-hailing service in Russia with rival Yandex. The transaction is another loss for Uber after exiting China last year, as the company backs off from a once very aggressive international expansion push.  ( Carl Court | Getty […]

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Jawbone To Close Up Shop As CEO Kicks Off New Startup Jawbone Health Hub

Jawbone, the company that produced Bluetooth headsets and wireless speakers before shifting entirely to fitness tracking services, has officially begun its liquidation proceedings, a new report from The Information says. Jawbone Shuttering Its Doors The report goes on to suggest that Hosain Rahman, Jawbone’s CEO and cofounder, has already launched a brand-new startup called Jawbone […]

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500 Startups Changes Leadership As Sexual Harassment Shakes Silicon Valley

Startup incubator 500 Startups is seeing a change in leadership after inappropriate sexual harassment episodes that led to the ousting of co-founder Dave McClure. Even in this day and age, even in the most evolved of societies, women still have to deal with discrimination, sexual harassment and other such inappropriate behavior every now and then. Sexual […]

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Microsoft Job Cuts Imminent: Thousands Of Layoffs Reportedly Planned For This Week

Microsoft is reportedly planning massive layoffs, set to announce thousands of job cuts this week in a bid to restructure its salesforce. The purported job cuts will reportedly be worldwide, as the company intends to lay off thousands of workers globally. Microsoft already started an internal reorganization back in January this year and the upcoming layoffs […]

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Uber Keeps Bleeding Executives: Travis Kalanick Resigns As CEO At Shareholders’ Request

Uber has been sailing rough waters and its turmoil has now culminated with the resignation of its CEO, Travis Kalanick. Amid mounting pressure from investors, Kalanick decided to step down from his position at the helm of the company he co-founded and drove into a global force on the ride-hailing scene. Kalanick had already taken […]